Check out this 12 unit apartment complex in Hickory.
This property has 2 buildings with 6 units each.
Apartments have 2 bedrooms, 1.5 bathrooms, living room, and kitchen.
Seller has all but 1 unit currently rented and they charge $500 per month for rent.
This complex has city water and sewer.
Owner pays water, sewer, and trash. Renter pays electric.